US Congress House Bill 4787 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on May 30 2014 - 25% progression, died in committee
Action: 2014-05-30 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Regional Financial Relief Act of 2014 - Amends the Bank Holding Company Act of 1956 regarding prohibitions on proprietary trading by banking entities and certain relationships with hedge funds and private equity funds. Directs the appropriate federal banking agencies, the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) to promulgate, for banking entities with less than $50 billion in trading assets and liabilities, regulations regarding internal controls and recordkeeping whose requirements are less burdensome than those governing banking entities with $50 billion or more in trading assets and liabilities.

Regional Financial Relief Act of 2014

Rep. Sean Duffy [R-WI]

Date	Chamber	Action
2014-05-30	House	Referred to the House Committee on Financial Services.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/house-bill/4787/all-info
Text	https://www.congress.gov/113/bills/hr4787/BILLS-113hr4787ih.pdf